Resales explained

What is a Shared ownership resale?

Resales are properties that have already been bought through shared ownership in the past, and where the owners are now looking to sell their share and move on. The homes vary greatly in terms of age, size and type.

How does it work?

Just like Shared Ownership, you will only be able to purchase the same or larger share in the home as the existing owner, which can vary between 25% and 75% of the property's market value. You then pay a subsidised rent on the remaining share. Download our Shared Ownership info sheet Shared Ownership

You will need to raise a mortgage to purchase your share. If you have a large deposit or equity from the sale of a property, this can also be used towards purchasing your share.

*Please note that on some developments there is a limit on staircasing, which means you cannot buy 100%. Check with the developer if you are unsure

What homes are available?

We ask all housing associations to list their resale properties on our website.  You can search for a home in the area you wish to live

What are my options after buying a Resale home?

You can buy additional shares, called 'Staircasing', at a later date until you own 100%, depending on your lease. If you increase your share in the property, your rent is re-calculated and reduced proportionately. Please see our staircasing section for more information.

 Please visit our "Is it for me?" page that outlines who we can help, or contact us  for more details.